PAYBTC waking up; bullish dives on 4h, 12h, 30%+ upside
Been keeping an eye on this one for a little while on the way down, and the MACD bullish divergences (lower lows on diminished weakness) on both the 4h and 12h have begun to turn. This one is capable of sharp, fast moves off of divergent lows (see mid-Dec. and mid-Jan.) - so posting this now even if it turns out to be a shade early.
Trading 6550, stop at 6200.
Targets
7100
7900
8700
Trading 6550, stop at 6200.
Targets
7100
7900
8700
Trade closed: stop reached
Stop hit but will still be keeping an eye on this for another entry as a bullish divergence is likely to shape up on the daily that could give rise to a powerful move.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.